January 2025 Market Report | Palo Alto Area

Page 1


Palo Alto area

Palo Alto Los Altos

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Redwood City

Jump to Redwood City Report

Portola Valley

Jump to Portola Valley Report

Menlo Park

Jump to Menlo Park Report

Atherton

Jump to Atherton Report

Jump to Los Altos Report

San Jose

Jump to San Jose Report

Mountain View

Jump to Mountain View Report

San Mateo County

Jump to San Mateo County Report

Santa Clara County

Jump to Santa Clara County Report

Monterey County

Jump to Monterey County Report

Santa Cruz County

Jump to Santa Cruz County Report

East Palo Alto

Jump to East Palo Alto Report

Sunnyvale

Jump to Sunnyvale Report

Santa Clara City

Jump to Santa Clara City Report

Saratoga

Jump to Saratoga Report

What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell asis instead

Smart Strategies for a Mortgage Application

Avoid paying off debts or collections without professional advice.

Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2

Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.

HomeRenovationsThatCanMakea BIG IMPACT AccordingtoExperts

In2024,thehomebuyingmarketfacessignificantchallenges highprices, steepinterestrates,andlimitedhousinginventory.Formany,renovatingtheir currenthomeisamoreattractiveoptionthanpurchasinganewone.Whilethe LIRAreportpredictsadeclineinrenovationspending,expertsemphasizethat small-scaleupdatesortargetedlargerprojectscanstilldelivermajorbenefits.

Beforedivingintoarenovation,it’sessentialtoplan carefullyandbudgetwisely.Workingwithreputable professionalsiskey,especiallythoseoffering financingoptionsandtransferablewarranties.Sharing yourbudgetwithcontractorsupfrontandinvolving designersearlyensuresthatyourrenovationruns smoothlyandachievesbothfinancialandfunctional success Adetailedplanwillkeeptheprojectontrack andhelpavoidcostlysurprises

ANENBERG-ESSERT FAMILYADUIN CAMPBELL ProjectSpotlight:

Enhancing Property Value and Family Living Space with an Acton ADU

The Anenberg-Essert family in Campbell collaborated with Acton ADU to create a versatile, comfortable, and valuable addition to their property. This ADU project is a shining example of how a well-designed accessory dwelling unit can increase property value and serve a family’s unique needs.

GoalsandVision

The family envisioned an ADU that would function as an independent living space for family members, enhance their property’s worth, and provide seamless integration with the main home They wanted a space that balanced privacy with connectivity, feeling like a natural extension of their residence

Design and Construction Details

Constructed at 747 square feet, this ADU was designed with modern, high-quality finishes to serve both aesthetic and practical needs. Key features include:

Vaulted Ceilings

Creates a spacious, open atmosphere

Senior-Friendly Living

Safe, independent space for elderly family members

Fully Equipped Kitchen

Modern amenities for everyday convenience

Open Living Area

Multipurpose area for relaxation and entertainment

Results and Impact

The completion of the Anenberg-Essert ADU led to several valuable outcomes:

Increased Property Value

The ADU addition significantly boosted property value

Flexible Living Space

A versatile space for family, guests, or as a rental

Modern Comforts

High-end finishes and amenities enhance both function and style.

Enhanced Family Living

The ADU enriches the AnenbergEssert family’s home with both privacy and connection

VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

PaloAlto

What's in the Palo Alto data?

There were 22 single-family homes for sale, providing 1 month of inventory. There were 9 new listings, and 32 homes sold at a median price of $3.7m. The median overbid percentage was at 101%, with an average of 32 days on the market.

There were 13 condo and townhome units for sale, providing 1.3 months of inventory. There were 3 new listings and 5 units sold at a median sale price of $1.9m. The median overbid percentage was at 108%, with an average of 18 days on the market.

Single-Family Homes

9 New Listings

32 Sold Listings

1 Month of Inventory

$3.7M Median Sale Price

101%

Median Sale vs List

32 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from November 2023 to November 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

3

New Listings

5 Sold Listings

1.3

Months of Inventory

$1.9M

Median Sale Price 108%

Median Sale vs List 18 Avg Days on Market

NOVEMBER 2023 - NOVEMBER 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 9m last November 2023, to $3 7m as of November 2024

Condos & Townhomes

The median sale price has increased from $1 6m last November 2023, to $1 9m as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 27 days last November 2023, to 32 days as of November 2024

Condos & Townhomes

The average time spent on the market went down from 20 days in November 2023, to 18 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100% last November 2023, to 101% a year later

Condos & Townhomes

The overbid percentage has increased from 102% last November 2023, to 108% a year later.

Redwood City

What's in the Redwood City data?

There were 37 single-family homes for sale, providing 1.2 months of inventory. There were 30 new listings, and 39 homes sold at a median price of $2.1m. The median overbid percentage was at 101%, with an average of 23 days on the market

There were 11 condo and townhome units for sale, providing 1.6 months of inventory. There were 2 new listings and 5 units sold at a median sale price of $1.1m. The median overbid percentage was at 93%, with an average of 44 days on the market.

Single-Family Homes

30 New Listings

39 Sold Listings

1.2 Months of Inventory

$2.1M Median Sale Price

101% Median Sale vs List

23 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from November 2023 to November 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

2

New Listings

5 Sold Listings

1.6

Months of Inventory

$1.1M

Median Sale Price 93%

Median Sale vs List

44 Avg Days on Market

RedwoodCity

NOVEMBER 2023 - NOVEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 15m last November 2023, to $2 11m as of November 2024

Condos & Townhomes

The median sale price has decreased from $1 19m last November 2023, to $1 16m as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 21 days last November 2023, to 23 days as of November 2024

Condos & Townhomes

The average time spent on the market went down from 58 days in November 2023, to 44 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99% last November 2023, to 101% a year later

Condos & Townhomes

The overbid percentage has decreased from 98% last November 2023, to 93% a year later.

Portola Valley

What's in the Portola Valley data?

There were 14 single-family homes for sale, providing 3.5 months of inventory. There were 0 new listings, and 4 homes sold at a median price of $8.3m. The median overbid percentage was at 86%, with an average of 159 days on the market

There was no data for condo and townhouse units for this month.

Single-Family Homes

0

New Listings

4 Sold Listings

3.5 Months of Inventory

$8.3M Median Sale Price

86% Median Sale vs List

159 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from November 2023 to November 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

No record for this month.

No data for this month.

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 8m last November 2023, to $8 3m as of November 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 41 days last November 2023, to 159 days as of November 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has decreased from 92% last November 2023, to 86% a year later

Condos & Townhomes

No data for this month

MenloPark

What's in the Menlo Park data?

There were 13 single-family homes for sale, providing 0.7 months of inventory. There were 12 new listings, and 21 homes sold at a median pric of $3.6m. The median overbid percentage was at 105%, with an average of 11 days on the market.

There were 11 condo and townhome units for sale, providing 2.8 months of inventory. There were 2 new listings and 5 units sold at a median sale price of $1.9m. The median overbid percentage was at 94%, with an average of 29 days on the market.

12 New Listings

21 Sold Listings

0.7 Months of Inventory

$3.6M Median Sale Price

105%

Median Sale vs List

11 Avg Days on Market

2

New Listings

5

Sold Listings

2.8

Months of Inventory

$1.9M

Median Sale Price 94%

Median Sale vs List

29 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 4m last November 2023, to $3 6m as of November 2024

Condos & Townhomes

The median sale price has increased from $1 7m last November 2023, to $1 9m as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last November 2023, to 11 days as of November 2024

Condos & Townhomes

The average time spent on the market went down from 43 days in November 2023, to 29 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99% last November 2023, to 105% a year later

Condos & Townhomes

The overbid percentage has decreased from 97% last November 2023, to 94% a year later.

Atherton

What's in the Atherton data?

There were 13 single-family homes for sale, providing 2.6 months of inventory. There were 3 new listings, and 5 homes sold at a median price of $7.3m. The median overbid percentage was at 99%, with an average of 26 days on the market.

There was no data for condo and townhouse units for this month.

Single-Family Homes

3 New Listings

5 Sold Listings

2.6 Months of Inventory

$7.3M Median Sale Price

99% Median Sale vs List

26 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from November 2023 to November 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No record for this month.

NOVEMBER 2023 - NOVEMBER 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $6 2m last November 2023, to $7 3m as of November 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 44 days last November 2023, to 26 days as of November 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 91% last November 2023, to 99% a year later

Condos & Townhomes

No data for this month

Lo

What's

There we providing new listin of $4.5m 103%, wit

There we sale, prov were 4 ne sale price percentag days on t

13 New Listings

27 Sold Listings

0.6 Months of Inventory

$4.5M Median Sale Price

103% Median Sale vs List

22 Avg Days on Market

single-family homes, 2023 to November the data was

Condo & Townhomes

4

New Listings

7

Sold Listings

3.7

Months of Inventory

$1.7M

Median Sale Price 98%

Median Sale vs List

49

Avg Days on Market

NOVEMBER 2023 - NOVEMBER 2024 LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $4 2m last November 2023, to $4 5m as of November 2024

Condos & Townhomes

The median sale price has increased from $1 6m last November 2023, to $1 7m as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 7 days last November 2023, to 22 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 33 days in November 2023, to 49 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104% last November 2023, to 103% a year later

Condos & Townhomes

The overbid percentage has increased from 95% last November 2023, to 98% a year later.

SanJo

What's in the

There were 183 single providing 0.6 months new listings, and 335 price of $1.7m. The m was at 104% with an a market.

There were 215 condo sale, providing 1 7 mo were 108 new listings median sale price of $ percentage was at 10 days on the market.

214 New Listings

335 Sold Listings

0.6 Months of Inventory

$1.7M Median Sale Price

104% Median Sale vs List

18 Avg Days on Market

Graphix, includes all single-family homes, from November 2023 to November vary from the time the data was guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Tow

108

New Listings

116

Sold Listings

1.7

Months of Inventory $875K

Median Sale Price 101%

Median Sale vs List

26 Avg Days on Market

t2024
ct2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 4m last November 2023, to $1 7m as of November 2024

Condos & Townhomes

The median sale price has increased from $791k last November 2023, to $875k as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 19 days last November 2023, to 18 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 22 days in November 2023, to 26 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 102% last November 2023, to 104% a year later

Condos & Townhomes

The overbid percentage has remained the same from 101% last November 2023, to 101% a year later.

Moun View

What's in the data?

There were 6 single-fa providing 0.4 months new listings, and 25 h of $2.7m. The median 108% with an average

There were 18 condo sale, providing 0.7 mo were 11 new listings a sale price of $1.1m. T percentage was at 99 days on the market.

13 New Listings

25 Sold Listings

0.4 Months of Inventory

$2.7M Median Sale Price

108% Median Sale vs List

13 Avg Days on Market

Graphix, includes all single-family homes, from November 2023 to November vary from the time the data was guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

New Listings

20

Sold Listings

0.7

Months of Inventory

$1.1M

Median Sale Price 99%

Median Sale vs List

42

Avg Days on Market

NOVEMBER 2023 - NOVEMBER 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 6m last November 2023, to $2 7m as of November 2024

Condos & Townhomes

The median sale price has decreased from $1 2m last November 2023, to $1 1m as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 13 days last November 2023, to 13 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 27 days in November 2023, to 42 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 104% last November 2023, to 108% a year later

Condos & Townhomes

The overbid percentage has remained the same from 99% last November 2023, to 99% a year later.

SanM Coun

What's in the data?

There were 322 single providing 1.1 months new listings, and 288 price of $2m. The med at 102%, with an avera market.

There were 184 condo sale, providing 1.9 mo were 64 new listings a sale price of $899k. T percentage was at 10 days on the market

197 New Listings

288 Sold Listings

1.1 Months of Inventory

$2M Median Sale Price

102% Median Sale vs List

24 Avg Days on Market

Graphix, includes all single-family homes, from November 2023 to November vary from the time the data was guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

64

New Listings

90

Sold Listings

1.9

Months of Inventory

$899K

Median Sale Price 100%

Median Sale vs List 54 Avg Days on Market

SanMateo

NOVEMBER 2023 - NOVEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last November 2023, to $2m as of November 2024

Condos & Townhomes

The median sale price has decreased from $922k last November 2023, to $899k as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 25 days last November 2023, to 24 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 44 days in November 2023, to 54 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100 9% last November 2023, to 102% a year later

Condos & Townhomes

The overbid percentage has increased from 98.8% last November 2023, to 100% a year later.

SantaClara County

What's in the Santa Clara County data?

There were 484 single-family homes for sale, providing 0.7 months of inventory. There were 439 new listings, and 675 homes sold at a median price of $1.9m. The median overbid percentage was at 103%, with an average of 22 days on the market.

There were 434 condo and townhome units for sale, providing 1.4 months of inventory. There were 243 new listings and 292 units sold at a median sale price of $1m. The median overbid percentage was at 100.1%, with an average of 30 days on the market

Single-Family Homes

439 New Listings

675 Sold Listings

0.7 Months of Inventory

$1.9M Median Sale Price

103%

Median Sale vs List

22 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from November 2023 to November 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

Condo & Townhomes

243

New Listings

292 Sold Listings

1.4

Months of Inventory

$1M

Median Sale Price 100.1%

Median Sale vs List

30 Avg Days on Market

SantaClaraCounty

NOVEMBER 2023 - NOVEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last November 2023, to $1 9m as of November 2024

Condos & Townhomes

The median sale price has increased from $930k last November 2023, to $1m as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last November 2023, to 22 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 23 days in November 2023, to 30 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 101 6% last November 2023, to 103% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.3% last November 2023, to 100.1% a year later.

Monterey County

What's in the Monterey County data?

There were 382 single-family homes for sale, providing 2.7 months of inventory. There were 157 new listings, and 128 homes sold at a median price of $935k. The median overbid percentage was at 93%, with an average of 45 days on the market.

There were 49 condo and townhome units for sale, providing 2 months of inventory. There were 18 new listings and 24 units sold at a median sale price of $690k. The median overbid percentage was at 90%, with an average of 60 days on the market

Single-Family Homes

157 New Listings

128 Sold Listings

2.7 Months of Inventory

$935K Median Sale Price

93%

Median Sale vs List

45 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from November 2023 to November 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

18 New Listings

2 Months of Inventory

Median Sale vs List

Avg Days on Market 24 Sold Listings

MontereyCounty

NOVEMBER 2023 - NOVEMBER 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $944k last November 2023, to $935k as of November 2024

Condos & Townhomes

The median sale price has increased from $679k last November 2023, to $690k as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 45 days last November 2023, to 45 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 33 days in November 2023, to 60 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 92% last November 2023, to 93% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last November 2023, to 90% a year later.

SantaCruz County

What's in the Santa Cruz County data?

There were 288 single-family homes for sale, providing 2.9 months of inventory. There were 99 new listings, and 106 homes sold at a median price of $1.3m. The median overbid percentage was at 96%, with an average of 38 days on the market

There were 78 condo and townhome units for sale, providing 7.8 months of inventory. There were 20 new listings and 18 units sold at a median sale price of $887k. The median overbid percentage was at 97%, with an average of 18 days on the market.

Single-Family Homes

99 New Listings

106 Sold Listings

2.9 Months of Inventory

$1.3M Median Sale Price

96% Median Sale vs List

38 Avg Days on Market

The data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, condos and townhomes in the California Area above from November 2023 to November 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

New Listings 7.8

Months of Inventory $887K

Median Sale Price 97%

Median Sale vs List 18 Avg Days on Market 18 Sold Listings

SantaCruzCounty

NOVEMBER 2023 - NOVEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 3m last November 2023, to $1 308m as of November 2024

Condos & Townhomes

The median sale price has increased from $713k last November 2023, to $887k as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 28 days last November 2023, to 38 days as of November 2024

Condos & Townhomes

The average time spent on the market went down from 30 days in November 2023, to 18 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95% last November 2023, to 96% a year later

Condos & Townhomes

The overbid percentage has remained the same from 97% last November 2023, to 97% a year later.

gle-Family Homes

2 New Listings

4 Sold Listings

2.3 Months of Inventory

$1.2M

Median Sale Price

101%

Median Sale vs List

9 Avg Days on Market

data, sourced from InfoSparks and Trend Graphix, includes all single-family homes, and townhomes in the California Area above from November 2023 to November This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

1

New Listing

2

Months of Inventory $0 Median Sale Price 0%

Median Sale vs List 0 Avg Days on Market 0 Sold Listings

Median SalesPrice

Single-Family Homes

The median sale price has increased from $946k last November 2023, to $1 2m as of November 2024

Condos & Townhomes

The median sale price has decreased from $865k last November 2023, to $0 as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last November 2023, to 9 days as of November 2024

Condos & Townhomes

The average time spent on the market went down from 50 days in November 2023, to 0 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97% last November 2023, to 101% a year later

Condos & Townhomes

The overbid percentage has decreased from 95% last November 2023, to 0% a year later.

Sunn

What's in the

There were 11 single providing 0.4 months new listings, and 27 h of $2.6m. The media 109% with an averag

There were 14 condo sale, providing 2 mon 10 new listings and 1 price of $1.3m. The m was at 104%, with an market.

17 New Listings

27 Sold Listings

0.4 Months of Inventory

$2.6M Median Sale Price

109% Median Sale vs List

16 Avg Days on Market

Graphix, includes all single-family homes, from November 2023 to November vary from the time the data was guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

New Listings

18

Sold Listings

2

Months of Inventory

$1.3M

Median Sale Price

104%

Median Sale vs List

25 Avg Days on Market

Sunnyvale

NOVEMBER 2023 - NOVEMBER 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 3m last November 2023, to $2 6m as of November 2024

Condos & Townhomes

The median sale price has increased from $1 2m last November 2023, to $1 3m as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 11 days last November 2023, to 16 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 23 days in November 2023, to 25 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has remained the same from 109% last November 2023, to 109% a year later

Condos & Townhomes

The overbid percentage has remained the same from 104% last November 2023, to 104% a year later.

Santa City

What's in the data?

There were 6 singleproviding 0.2 month new listings, and 30 of $1.7m. The media 105%, with an avera

There were 31 cond sale, providing 2.4 m were 13 new listings sale price of $855k. percentage was at 1 days on the market.

17 New Listings

30 Sold Listings

0.2 Months of Inventory

$1.7M Median Sale Price

105% Median Sale vs List

25 Avg Days on Market

Graphix, includes all single-family homes, bove from November 2023 to November may vary from the time the data was guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

13

New Listings

2.4

Months of Inventory

Sold Listings

$855K

Median Sale Price 101%

Median Sale vs List 18 Avg Days on Market 21

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 71m last November 2023, to $1 73m as of November 2024

Condos & Townhomes

The median sale price has decreased from $950k last November 2023, to $855k as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 18 days last November 2023, to 25 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 15 days in November 2023, to 18 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 106% last November 2023, to 105% a year later

Condos & Townhomes

The overbid percentage has decreased from 103% last November 2023, to 101% a year later.

Saratoga

What's in the Saratoga data?

There were 20 single-family homes for sale, providing 1.1 months of inventory. There we new listings, and 21 homes sold at a median of $4.1m. The median overbid percentage w 100%, with an average of 39 days on the ma

There were 5 condo and townhome units for providing 5 months of inventory. There were new listings and 1 unit sold at a median sale of $1.3m. The median overbid percentage w 103%, with an average of 14 days on the ma

e-Family Homes

21 New Listings

21 Sold Listings

1.1 Months of Inventory

$4.1M Median Sale Price

100%

Median Sale vs List

39 Avg Days on Market

sourced from InfoSparks and Trend Graphix, includes all single-family homes, townhomes in the California Area above from November 2023 to November may include preliminary data, and may vary from the time the data was data is deemed reliable but not guaranteed. DRE# 01511642. Copyright KW Advisors Palo Alto 2024. Each office is independently owned and operated.

2 New Listings

1 Sold Listing

5 Months of Inventory

$1.3M Median Sale Price 103%

Median Sale vs List 14 Avg Days on Market

NOVEMBER 2023 - NOVEMBER 2024

NGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year. & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 4m last November 2023, to $4 1m as of November 2024

Condos & Townhomes

The median sale price has decreased from $1 5m last November 2023, to $1 3m as of November 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 22 days last November 2023, to 39 days as of November 2024

Condos & Townhomes

The average time spent on the market went up from 9 days in November 2023, to 14 days as of November 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102% last November 2023, to 100% a year later

Condos & Townhomes

The overbid percentage has increased from 102% last November 2023, to 103% a year later.

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